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With all the posts and replies about "mining profitability" - I thought I would post my analysis.

I welcome any feedback.
Couple of things:
~RVN is one of the top coins on Whattomine, making it easy to benchmark.
~All of the inputs change all the time, so this is just a slice in time.
~Electric costs have an effect - but within the range of most people's cost, from .08 to .12, changes the 1660TI 8 months on the ROI, +4 or -4 months to the chart.
~Everyone gets better/worse hash rates and PL... Yeah, I've heard it all. These are Whattomine adjusted to my experience with the rigs I have.
~I do not know anything about 2080/2080TI real world hash and PL.
~The big driver is RVN and BTC prices.

https://i.imgur.com/keXgYiq.jpg

Very nice comparison. Thanks for sharing, it can spare a lot of time for someone looking to buy a new/older generation Nvidia card and try mining. I see you've included also one of the GPUs I'm considering to buy (1660 Ti). RVN is definitely a standard nowadays to make benchmarks in the alt arena.

Thanks,
I've been told that the 1660 is as good as the 166TI for mining, but I don't have any RVN hash rates for it yet. I own a 1660TI and it's just like a 1070 with a lot less power consumption. I'm also waiting to see what the 1650 can produce too.

Thanks for the info i think im looking for this, i will try my rx 580 to mine RVN i think its more profitable

The performance of 1060TI is a little bit lower than 1070TI and it will have a similar result on how much hash rate that can be produced by 1060TI. it must be the same as 1070TI. there was no a lot of differences between 1060TI and 1070TI.

Very good job. Thank you to the author for the fact that I did not spare time for this. I have 1060 6gb graphics card and the author's table, I see that it is almost not profitable. good times were 1-2 years ago. Then she made a good profit. Today look how much she can make a profit and it turned out that if i mine ETC today, then the net profit per day would be $ 0.18

I would like to ask if what is the color yellow and green highlight in 2 GPU on the image?

Can you calculate the monthly revenue in free electricity? I want to know if which GPU is better if you have a free source of electricity or this is the final analysis with or without electricity cost?

I just planning to build a new rig these coming months and my target GPU is RTX 2060 I hope that the price here in my country will not change.

Nice job. But there are 2 moments, that may correct your calculation.
1. used GPUs. used 10xx costs less then new 20xx series, the only problem - is electricity.
2. x16r is a bad algo to calculate hashrate.You can count another algo without calculating ROI. Just using hashes.

I'm with you on point 1. I use the spreadsheet to look at New, Used (ebay) and B-stock (manufactured refurbished) GPUs. But when I post it, I usually just use the default PCPartspicker prices.

I am getting about the same power usage with the 2060 as I am with the 1070TI - but the 2060 is slightly higher in hashing too. The 2060 is quickly becoming my new favorite card. Although I like the 1660 TI too. (still looking for results from the 1660 to see how it compares).

The biggest driver is BTC price. If you believe that BTC (with Alt-coins following) are going higher in the future - then the ROI changes quickly.

As of point 2, you are correct here too. I will copy the spreadsheet and change it for Zcoin or some other like LUX too.

Ill check at lunch...but memory says its around 15 on rvn for the 1660 (non ti).

I`m the same opinion. As for me - the 10xx choice was 1050ti or 1060 and now it goes to 2060 and 1660ti.
And 2060 is my preferred GPU. As it was with 1050ti - it have best ROI but too little hashrate and it goes to huge quantity.

Yah 1660 on x16r is hitting 14.8 -18.8 depending on order.

Very well said I also look at https://whattomine.com/ and saw Raven Coin as the best coin to mine for now but also I discovered veil and this also got my interest.

Well detailed expression of view. One of the reasons we love this platform. I observed after selecting the right GPUs with good hash, electricity can still be a problem on ROI as its dependent on locality too

One is a 1660ti and one is a 1660:

https://i.imgur.com/FLvonRY.png

Using your 57x needed for 1 GH farm: it would cost $12,540 with 1660s.

BTW I think trex 0.9.2 Cuda 10 has the best performance.  What client do you use?

Also I am getting slightly better performance with older drivers, that only recognize 1600 series as 'Graphics Device'.

edit: using 80 watt powerlimit, 100 coreOC, 500 memOC, auto fans

17-18  MH/s is average for 80 watt powerlimit with a 1660ti or 1660.

Those are good numbers...
I'm seeing much lower. I've set -N to 36,000 to get a large sample size.
RVN on Trex 0.9.2 Cuda 10, Nvidia 430.39, 80PL, +50 Core, -502 Mem

https://i.imgur.com/91smHdq.png

I always try as much as possible to discourage people from mining coins that have already gone up, Ravecoin have huge potential but you can still you your mining power to ming coins like Veil, which has great potential and very low marketcap for now, doing so will be a good decision

I’ve been on RVN since Jan 2018 - I’m not going anywhere.
Good luck to Veil, but I’m sticking with Tron Black and RVN.

Nice comparison, with this chart new comers now how to calculate their ROI.

Can I ask, which country did you choose to benchmark the electricity?

Can you compare it in several others algos? I thought that 1660 would be much worse then 1660ti

Yes, t-rex looks like the best miner now. I Tried Cryptodredge - it shows about 10-15% lower hashrates.

Sound analysis indeed, but it's time consuming to be diligent in monitoring and controlling profitable coins to mine. I am preferring to mine on multipools with algo auto-switching my equipment to such coins.

yes, let's invest thousands of dollars to get 5 dolars a day after electricity bill. Let's do it!!!


Are you F. kidding???

Im glad there are so many people like you that have no idea how to make money mining  ;D

The prices for GPU's have stayed steady this week. With the exception of the 1660 which is ~$10 cheaper. As always, there are sales and used/B-stock that offer better deals. But this week saw weaker Crypto prices, so the analysis shows that Payoff is taking longer.

https://i.imgur.com/ePhg49G.png

Happy Mining!

No - not kidding.

The rate of return on Mining reflects the new asset class, risk and volatility. Today's 32% ROI will fluctuate, going negative or positive by 100's of %.
Mining isn't for everyone. Some are better off buying/investing/trading or just walking away.

For me, I've done well. I've built a small hobby farm in my basement. I continue to grow it. My strategy is to take my monthly earnings, pay my electric bill, keep some of the "spec" coins that I have mined, and sell some mined coins for BTC or ETH. If I'm lucky and earn a little extra cash, I add a card or two.

And if the world of bolckchain goes as I expect it will, I'll tell my grandkids,"Don't touch Grampa's Lambo." (Grand Kids are like 20years out for me)  : )

Of course you shouldn't invest in things you don't understand nor risk money you can't afford to lose.  And you're tag line;"BTC no more than 6k by end of 2019" would mean that BTC's return from 12/31/18 to your assumed "6k" would be a 57% return in 2019. Nice....

It seems that 2060 becomes a leader. Why its hashes grow up? New miner or this is because x16r changing algos?
And at annual return it leads with big break.

Your 1660 ti is more effective for mining than 1660, because its performance for the X16R algorithm is higher. Mh/s performance of this video card is higher for other algorithms as well.

This is due to two factors:
1) 1660 Ti has 256 cores more than 1660. And the X16r algorithm heavily loads the graphics processor.
2) 1660 Ti uses GDDR6 instead GDDR5

It looks like a new workhorse has appeared  :)

Nice little comparison you did there, thanks for sharing.

Would you be able to share the actual spreadsheet? I'd love to run my own figures with prices here across the pond and different electricity rates.

Very good, simple and clear expression of various computing power, very suitable for novice research, choose the right tool according to their own needs, but lack of electricity cost calculation. Looking forward to perfection.

What do mean? Is there something else besides $/Kwh that you use to measure electricity? What else are you thinking to improve the worksheet?
Thanks

Excellent review and sampling in the table, thanks
Encourages me to explore the question of mining this coin further.

He was arguing why there was no a calculation to the electricity and I guess it seems he didn't understand about what have you mentioned above.

Kwh is used to measure the electricity and that's not a big problem at all. He just can't understand your post correctly.

if you are still mining then this forum can be all the answers to your questions, do not be shy to ask because if you do not ask it will make you confused doing better and more profitable mining.

I put 1660ti and a 1660 on a single rig to compare them.  These are the results:

https://i.imgur.com/aTMa0kY.png


The x16r performance of 1660ti's and 1660s is almost exactly the same.  Anyone who says otherwise, isn't testing them at the same time.

There is a gap in performance with other coins as the 1660ti has much faster memory.  

Although the 1660 has less cores, its stock core clock is higher: resulting in almost similar core performance to a 1660ti.

I put 1660ti and a 1660 on a single rig to compare them.  Using 80 watt powerlimit, 100 coreOC, 500 memOC, auto fans.

This is the result mining for 24 hrs RVN:

https://i.imgur.com/Gush7Xg.png

Friday update:
I've updated the Hash rates on the 1660 and the 1660TI based on Fullzero's post.

https://i.imgur.com/Cx823nJ.png

Thx. It looks like that 1660ti may be little better that 1660 just at few algos. The most ASIC resist algos x16r(t) would be the same. So, if you plan is to work with changing algos 1660 is better choice.

Thx. 1660ti is going down being compared 2060 and 1660. Dont stop pls. It is interesting to see progress.

You did well with the analysis I must say. A little research I made about RVN mining I realized it is more profitable to mine, but I also think electricity has a big role to play in mining as it affects profits. Nevertheless, thanks for the analysis I will check more.

This is a really nice analysis perfect for beginners.
Being that I like trying new things, I think I would like to venture in this, as I realized it uses x16R Algorithm and also ASIC resistant, thus one of the reasons RVN has became popular and valuable.

Thank you for the time put into the analysis. I can deduct that 1660ti is a little better that 1660 and the best choice compared to harsh rate and return. With three 1660ti miners which is far cheaper I can produce more RVN than 2080ti per day

I believe the first step to take in mining is solving electricity issues, the next is choosing the right effective miner which would be the 1660ti miner.  Hopefully X16r algorithm heavy loading won't lag the graphics processor needed for optimum job

Updated:

https://i.imgur.com/yA9dVd2.png

It's a really nice table, but some of the hash figures are not accurate, I think.
Look at how close the 1660 is to the 1660 ti. That's can't be correct.
Same story between 2060 and 2070.
One of either GPUs in these two combos above has mis-stated hashrate for sure.

The Chart is a combo of my actual experience (marked with **), updated hashrates from other users (marked with +) and all other hash rates come from Whattomine.com.
Somewhat conservative in its nature, the chart is meant to gauge the GPU ROI for mining RVN - as a general benchmark for mining.  

As for the 1660 vs 1660TI - that comes from a poster named FullZero - and his work seems accurate.
As for the 2060 - those numbers come from my rig and that's what I'm getting. I think the 2070 is low, but that comes from Whattomine and I don't have any better data.

If you find accurate, well tested hash rates, please pass them along.
Thanks!

What's the reason? have you tried that and got a different result than what has already posted by OP? I thought there were no significant differences in the performance between 1660Ti and 1660. Just curious about how you can say that?

I'm happy to stand corrected, just trying to get the data as clean as possible. x16r is tricky to get a proper average from, many noobs like to post their highest figures instead of the average... which should be taken over 24 hours really on that algo.

So I got myself a couple of Asus RTX 2060 on the back of the analysis from this thread. Thanks again, WickedPigeon, it was the best comparison I had seen so far around here.

I can confirm the figures are accurate, I'm getting pretty much exactly the same speeds as my 1080's for approx 10-15W less per card.

Running the 2060's at 75% PL, +100 core, -500 mem.
@WickedPigeon, what are you running yours at out of curiosity?

It doesnt matter. I think that at all his research they are the same. So 2060 gets on top. As for me - its unusual. I thought 1660to would won the contest. But as i said - 2060 is my favourite GPU.

x2 what are your 2060 settings & card brand / mem ???

I am running two 2060's (EVGA GeForce RTX 2060 XC ULTRA GAMING) - I have them set at PL85, +125, 0 - seems to be stable and I am averaging 25Mh/s on both.

How much do you get now to earn Veil coins per day from these 2 of your 2060 videocards. I want to understand the profitability of mining. I now have a new videocard 2060.

I’ve been only mining RVN for over a year, so I really don’t know any other mining coins currently.  I’ll look at Veil and see if I can figure out how it’s hashing.

I think I'm going to switch to Ebay average prices for the old 10 series.
The 1660's and the 2060's are still the best value. I think the 20 series is the safer bet for the long run, but who knows...

https://i.imgur.com/NQ0jWkh.png

You set $250 as "Rig Cost" to any rig. But this cant work.

Each rig needs Board, CPU, Ram, SSD (or Stick), (OS), (other Licences), Risers, (small parts like Fans, Box, ...), which are fixed costs. BUT you also need PSU's which fully depends on the GPU load.

A 2080 Ti Rig needs a 1600W PSU (1300W with PL < 100) or 2-3 smaller ones, but doesn't matter in terms of costs. A 1660 Rig can run with a 750W PSU for just 1/3 of the price of the 1600W. So your calculation needs a bit more improvement here, which will change your order.

Yes, you can build a "mining" rig, without GPU's, for Sub-$250, at least in the U.S.
I'm not building Gaming/mining Rigs - just straight mining rigs.

CPU: Intel - Celeron G3900 2.8 GHz Dual-Core Processor (https://pcpartpicker.com/product/kxs8TW/intel-cpu-bx80662g3900)  ($41.15 @ OutletPC)
Motherboard: Gigabyte - GA-H110-D3A ATX LGA1151 Motherboard (https://pcpartpicker.com/product/zN66Mp/gigabyte-ga-h110-d3a-atx-lga1151-motherboard-ga-h110-d3a)  ($58.39 @ Amazon)
Memory: G.Skill - Aegis 4 GB (1 x 4 GB) DDR4-2133 Memory (https://pcpartpicker.com/product/jRvZxr/gskill-memory-f42133c15s4gis)  ($20.98 @ Newegg)
Storage: Kingston - A400 120 GB 2.5" Solid State Drive (https://pcpartpicker.com/product/2FDzK8/kingston-a400-120gb-25-solid-state-drive-sa400s37120g)  ($19.99 @ Amazon)
Total: $140.51 + $70 PSU + $20 Open Air Mining Case + $15 6-pack of Risers= $245.51
Totals ~$250

Couple of weeks ago I bought two B-Stock EVGA 1000w PSUs for $70 each.  And I can run up to 6 GPU's on a 1000W. I wouldn't use 1080TI's, 2080's nor 2080TI's due to the low ROI, but if you did, you would have to spend a bit more on a beefer PSU. Or spend $50 on something like this 1500w https://www.newegg.com/p/1HU-004W-003W6?Description=mining%20psu&cm_re=mining_psu-_-9SIA7GT7942441-_-Product (https://www.newegg.com/p/1HU-004W-003W6?Description=mining%20psu&cm_re=mining_psu-_-9SIA7GT7942441-_-Product)

It helps if you check around for sales, and if you not worried about buying on Ebay, New-old stock can lower costs too. I'll keep an inventory of parts, stocking up when I find a good deal.

BTW - Windows is free from the Microsoft website - you just don't activate the license. Saves a couple of $.
I know all of this works - I've been doing just this for a while now - no problems.

Additionally - I've bought "New" old stock on Ebay - recently got a mining MB and Processor for $50 - Both new.

Can you elaborate on what this would build if I did exactly this purchase.
Like hashrate, what I can mine, or what I would need on top of this list to get mining?

I've been looking on Ebay and Amazon at already set-up and used rigs but they are quite a bit more than 250.
And Used rigs kind of make me nervous, since I hear about hardware failure being a common issue with mining.

So that sounds like a good price to learn the basics.

To maximize profit from mining its advisable that you mine undervalued coins that has not gone up in price too much. you can easily mine more of such coin and wait for the price to rise.  Uplexa and veil are example of such undervalued coin you can mine easily

While I have built a bunch of mining rigs over the past couple of years, I'm not an expert on this. I think there are other threads in this forum that are better suited for that discussion. There are also a number of YouTubers that cover building a mining rig as well as Reddit too. A;; depends on what you want to do.

There are so many variables - from what you want to do - cash mine or Spec mine; big coins or alt coins; your knowledge and background; capital available; time available; what coins/tech you believe in.

Good luck with the journey - I hope you find a enjoyable way to dip your toes into the mining world.

I hope so too.
Half the problem with dipping in the toes is the cost associated with it.

Everything seems to cost an arm or a leg  :D

China PSU(yes it works nice for more than 2 years. 1 problem - its loud) costs about $120. The rig cost would be about $300. This is one time spending and difference not really huge, so we can calculate with such a price per rig as for me.

Do you know how much is the cost of the 1660ti miner but most of the cases electricity is the most consuming factor in our resources so we shouldn't make much profit? In our country, they will charge higher amounts for electricity and if we don't make any profit it is completely useless buying the miner.

Electricity costs are the main item of expenditure when mining. We need to look for options with preferential connection. I know people who use various semi-legal ways to reduce the cost of electricity. But it is already fraught with consequences.

Electricity is a major set back in mining. Those ways of reducing electricity are kinda illegal and could attract some punishment. Wish there are ways to avoid such high electricity usage.

The main problem is to buy equipment. When you are mining - your electricy bills are covered from mining profit and to buy equipment at start you have to spent your money but not a profit.
Now i can buy about 2-3 2060 per month from profit but its too expensive for me(at my research).

There is a lot of confusion about mining and what drives ROI for miners. As I see it, a miner needs to pay attention to all of the factors/drivers to stay profitable.
Some of the factors/drivers I pay attention to are:

• Price of equipment;
• Kwh costs;
• Current daily earning, net of Kwh costs;
• Current coin prices
• Future coin prices

I don't see as electricity costs as the biggest problem - $/Kwh is a known cost and can be calculated into a mining decision. But I'm in the U.S. and have OK Kwh costs (sub .10 Kwh).
Depending on how you operate your mining, cash mining or spec mining, I see the biggest factor as the future coin prices, at least for me. I am a 33/33/33 miner, which means that one third of my monthly mining goes to cash (pays for Kwh and new equipment), a third goes to BTC, and a third stays in RVN. So the future price movements of BTC and RVN are very important to me and seem to have the most volatility. When BTC went from $4k to $8K, my past mining doubled in value. Same for when RVN jumped from .02 to .06. The biggest impact on my ROI is coin price changes. It's volatile, risky and requires attention all the time.

But that's me... Everyone has different drivers, crypto beliefs, goals and discipline.

Surely. I marked the main idea that i wanted to say. And for starting miner(as for me) the main goal is to get his spent money back. You choice is more profitable by time but long to pay out equipment(of course BTC can pump but its not 100%).

Mining is profitable if the cost of your electricity does not exceed 3 cents, if the cost is 8 cents, then the mining loses its meaning. Also, if you want the ROI to be reduced by 2 times, you need to buy a used video cards. In this case, you will quickly recoup equipment costs and with cheap electricity you will quickly be able to reach the net profit.

My electricity cost is .16cents and my revenue (electricity cost included) is 9$ currently... (total revenue 18$)
Sure it would be better with 3 cents but it's still profitable

wow. so kinda impossible to mine in Brazil. I've heard the cost here is in the range .2-.3 usd
10 times more expensive.

of course you may  find cheaper electricity close to Paraguay or in the south of the country.

At todays slightly rebounded prices, you can still mine profitably at around 15 cents per kwh.

Obviously the cheaper the better. But it definitely doesn't need to be quite that low to still be worthwhile. However, I wouldn't be going out buying a rig at that price.

Very good comparison and analysis mate! need some extra time and hard work to compare such type of good work,no doubt RVN is one of the top coins on Whattomine, making it easy to benchmark.This will be more useful for RVN lovers.

Nice charts, can you post screens for the same data with a Hash per watt comparision?
Or, a google sheets link so we can view it?

I think it can be fully new spreadsheet. Here there is data that helps you to make choice what GPU to buy. It will be a lot of unnecessary information. Or it can be another spreadshit, calculating profit.

are you interested to move your mining rig to the egypt? that cost looks possible.  ;D My electricity cost was around $0.1 but i don't care so much about that as long as what i got from my mining rig can cover anything and i don't need to put more money to cover the loses.
But it's very long to get my ROI back again.  :'( :'( :'(

Quite an interesting topic to discuss, especially for a person like Me. how much will the average value of production differ from the median value for mining RVN, if you do this throughout the year?

What can I say except, "Man the picks, mine away".... (If you believe in this rally).

The current trends have been improving, and if it continues (big if), I would NOT be surprised to see new GPU purchasing start to get tight again. Over the past 6 months, GPU's have been available everywhere, and you could find some very good sales. If Coin prices continue on this rally, then new GPU purchases will take off again and finding deals will become difficult. That's all speculative on my part, but the markets are giving me a vibe. Time will tell...

My analysis has a new update to it. The old 10X series are difficult to find new, and when you do find them, they are priced at a premium. So I switched to the "Used" price. I've eyeballed the "Used" price from EBay and Craigslist (in Chicago). You can (and should) always work to find the best deal ~ better than the price listed on PCPartpicker.com or the average EBay price. My prices are just a benchmark based on my experience - avoid paying sales tax and shipping when possible. Every little bit helps.

https://i.imgur.com/GtKq6mn.png

Thx for your work.
Im really surprised that only used 1070 can compete with 1660 and 2060. And looks like that 1660ti would be interesting only in algos in which GDDR6 is great. Nowadays it useless for it price and if compare it with 1660.

My experience is limited to the GPU's I'm currently using; 6X1070's, 22X1070TI's, 2x2060 and 1x1660TI.  
My 1660TI is on a rig with some 1070's. The 1660TI hashes in line with the 1070s, just more power efficient.
The 2060's hash better than the 1070TI's (like 24 to 21) but uses the same power ~130 to ~140 Khw.

Personally, I plan to buy the 2060 and/or the 1660. I like the 2060, right now it is my top choice. I think that as updates come down the road, be it from NVIDIA or coin forks, the 2060 will be more likely to handle/improve with the changes. Just my feelings. But, I do like the capital outlay (cheap price) on the 1660. I'm itching to try one and see how it compares to the 1660TI.
 
 

I have the same opinion. The only flaw is 6GB memory, 8GB would be better as for me. I think that 2060 as an ideal card, but 1660 is 2 times cheaper. It depends on free money. Now i plan to change my 1063 to 1660/2060 and after summer to get 1-2 new rigs.

I just feel curious and I wanna buy some new GPUs to mine altcoin and i have watched this one and just checked amazon and is that true if there was no a lot of gap in price between 2060 and 1070 Ti? Wanna get some 2060 if this is for real.

Do you have a reference for what you used as the "avg ebay price"

Not really - it gets a little squishy at this point. I did use "advanced search"; Check on the "sold Listing" box; include shipping; toss out lowest and highest; eyeball with a hand calculator 5 or 6 recent sales. It's not about tracking the best deal, but rather seeing the general trend in the market. The used market is tricky, not sure if would defend my method, but it helps me see the over all used GPU market. For example, EVGA had RTX 2060, B-stock on sale for $299 plus $15 tax and free shipping - I view B-stock as used - and now I can compare it to the rest of the used market, (and I bought 2).

Not perfect, but a benchmark that helps me.

I appreciate the feedback & cool to hear your methodology :D

What prices did you end of using for each model then?

This is exactly what I do and it works fairly well.

https://i.imgur.com/GtKq6mn.png

This is last week's, I'll update it on Friday.

thanks for this chart, it is a great efforts
would u mind to share the spread sheet please

Is it worth mining RVN with AMD?

Getting some good speeds with TRM on AMD Vega 64.

Algorithm   Hashrate   Power at wall (Watt)   Efficiency (Hash/Watt)   ODT Config   TRM Config
x16r   (average- mh/s) 21.5   (average) 185   116.22   1082/ 800/812   

I like how the tables show that it is clearly better to spend mid range amounts to reach your ROI.

You don't want the 1060 or 1080ti to reach ROI - you want the 1070.

But this all assumes a stable price of course. Perhaps getting lots of coins with a 1080ti is better if you're bullish on crypto/raven? But if that's the case perhaps you would just purchase crypto outright instead of mining.

You can compare it with the spreedsheet. This hashrate is between 1070ti and 1080 from 10xx series or 2060. They use less electricity and cost cheaper then Vega. As for me - if you have Vega - use it to mine RVN, but if you want to buy GPU - better choice is NVIDIA.

Agreed,
Unless you are paying more than $.20 a Kwh, if you have a Vega 64, you can mine RVN profitable with it. Although check to see if you are better mining something else and buying/swapping for RVN.

Prices on new GPU's were firm to slightly higher this week, especially at the lower end 1660's and 1660TI's. I saw them on sale through out the week, but most involved some sort of MIR - I don't like MIR's and I don't include them in my analysis.

Still, if crypto prices continues to improve, and mining payback ROI starts to come back to the magic "365" day level, I except that demand will continue to keep GPU prices firm. And I don't expect to see GPU prices drop going forward, at least not in the aggregate. But I am keeping an I out for a good sale - come on Fry's, Micro Center.... Any help Newegg?

https://i.imgur.com/GEhTVc2.png

Nice, the best ROI GPU`s price grew up and 2060 moves down. Seems that market will balance prices with demand. Used GPUs looks useless except 1070. I think that 1080ti would compete it.

NVIDIA has released to the press the targeted dates of their new "super" 20x0 series cards, this should drive the current prices down slightly.  From the stats that have been posted for the new prices, there might also be an option for one of the cards "super" version being a decent upgrade for the small difference in price.

I think they are expected to hit shelves July 23rd 2019 or thereabouts.

I must say nvidia suck in mining compared with 200$ vega 56, 1.43$/day , - electric = 1$/day

Im sure you have the same spreadsheet to prove your words? What coin, ROI, daily profit, etc, etc...

He's right if you just look at it today. I only have one Vega56, but after adjusting the hashrate for my miner's fee and the pool fee, I get a net 2094 h/s on Monero for 185W at the wall (it averages a little over 2160 h/s before accounting for fees) . That's currently $1.44/day - (185W/1000*24*$0.10) = $0.99/day net profit. Of course, it takes a little more knowledge and effort to set up a Vega56 than an Nvidia card and a couple months ago it was barely breaking even while a lot of NVidia cards were still making decent profits (e.g. At one point, my GTX 1060s were making $0.25+ per day on Grin while my Vega 56 was making $0.01 on Monero), but at least that's some info to plug into a spreadsheet for people to analyze on their own.

Nice stats WickedPigeon, the sheet looks clean and simple to follow. I also love how it's regularly updated.

Since you're tabulating NVIDIA cards anyway, have you considered adding the P106 mining card? Could be nice to see too considering it's now being sold at our local group for only $55 each :D

2*1063 that costs about $100 from second hand each gives about $1.20 even at wtm.  Your Vega was great yesterday, today it falls down again. Make your spreadsheet and collect information week by week to see the whole situation.

Again, Mr Pigeon, I'd appreciate it if you could actually share the spreadsheet itself, so that everyone could plug in their own numbers/algos/khw rates etc. It would be a very helpful addition to my XL-folder! ;D

See if this works...
https://docs.google.com/spreadsheets/d/1F0ePozi6wHmooaKiUwbTmQSyEri744_bT97jsutuPYU/edit?usp=sharing (https://docs.google.com/spreadsheets/d/1F0ePozi6wHmooaKiUwbTmQSyEri744_bT97jsutuPYU/edit?usp=sharing)

This is why I do a spreadsheets... I don't agree with your math.

A Vega56 costs $270 plus tax and shipping where I am in the U.S. But let just say it's $270 all in. (This is confirmed by PCPartsPicker.com). Then you look up Whattomine.com and the top coin for this GPU, as I type this, is Monero. Vega56 earns 1.20 less .51 for electric equals $.69 profit a day.  Maybe you do a little better and earn 5% more, call it $.73 a day. That equals an ROI of about 370 days. Not bad, but in the same range as the best Nvidia mining cards. Basically the market stays in some type of floating balance where miners float to the best profits over time.

There are a lot of variables - are you a Spec Miner or a Cash Miner or a Hybrid of the two. What coins/protocols do you believe are worth mining/holding. How much are you investing. There are lots of drivers. Every miner has a different path, that doesn't make them right or wrong, just different strokes for different folks.

You do you and good luck.

Absolutely agree and that constant fluctuation is why I diversified gpu purchases over time. I personally have everything from 2080Ti down to RX470 and most every card in between. But since the prior poster didn't provide any info, I was just putting the info out there for others who might be interested in adding it to their spreadsheets.

Fantastic, thanks a bunch, was able to save it as .xlsx and can now tinker with my own figures!
RVN was good to start the comparison, but there are now more profitable options (and/or more options that are profitable) so I'll tweak accordingly!

this is really helpful, thanks. would be nice to see some other algo's but should be easy since you've shared the spreadsheet.

RVN or ETH are nice to compare because they are known by the most part of the miners and it`s possible to calculate without taking miners to your own coins with much profit.
And RVN regularry pumps good, it can be nice strategy to mine it and wait. But this is not surely.

Well the Alt coin world isn't setting any fires so the ROI has dipped  :-\ with the Alt coin prices.
With the announcement of the new "Super" line of RTX GPUs, I thought we would see prices a bit lower.... But no...
Prices are higher at the low end and steady at the high end. Some good sales, but they are hard to find and go fast...

https://i.imgur.com/AHbHC6h.png

I think we have to wait some time, the prices will normalize. And with BTC pump-dump we cant predict the best or stable altcoin and RVN now is just "one of". grin-beam are seriosly more profitable in a moment.

I thought that too, so I re-aimed a bunch of rigs at Grin-29. Turns out not to so easy; first, Whattomine over-estimates how much you can earn on Grin and under-estimates RVN; second, Grin was hard to setup, hard to stabilize the mining and hard to cash out (although I did do it, it's not so straight forward). I didn't like any of the pools - F2pool nor Grinmint. After a couple of days of mining, I saw that Grin-29 was earning more $ than RVN, but by only a small amount, less than a % or two.

So my experience with Grin was mixed. Personally, I prefer RVN. So I went back to RVN.

Do you want sell it at pump or mine-sell? For all the time rvn exists - it pumped many times, so it can be a several weeks/months investment with huge profit.
PS. I have lots of 1063, so grin is unaviable for me and beam shows 5-20% more then rvn for last 3-4 weeks.

I haven't mined RVN in a while, so I can't comment on that, but I've found WTM's estimates to be well below what I actually make with my miners on Grin. For example, I made 23.43 Grin over the last 7 days with 6xP106 + 2x2060 + 2070 + 2x1080 mining Grin29 and 2080Ti + 1080Ti mining Grin31 (and probably 20 hours of that time, I was using one of the 2060s for gaming, so it wasn't actually mining). According to WTM, I should have made 18.96 Grin over that period. I haven't found this sort of difference to be unusual so far. Now, it could be because I only look at 7-day numbers (Profitability 7-day / Difficulty Avg 7-day) on WTM and they're just way off, but my results have been higher than WTM projections pretty consistently for the 3-4 months I've been mining on Luxor. That wasn't necessarily the case on F2pool, Sparkpool or Grinmint before that, but I assume that's due to a combination of where I live (lowest rejects and highest poolside G/s for me on Luxor) and the difference in fees (F2pool being 2nd best for me, but 2% more fees).

As to the difficulty, yeah it's not quite as simple, but not too bad once you figure it out.

WTM helps to understand basic number. You can compare your coin with the top of wtm, what profit you can get basic. Even to get right hashes you`d better to count your real hashes, not that wtm count by GPUs

thanks for this graph, but what i have calculated from nicehash is completely different.
https://i.imgur.com/loJOBfKl.jpg
i have calculated with hardware cost, mining profitability - electricity cost.

Your image dont work in such a way, i reload it. I`d like to read another point of view, yet, i counted yesterday several algos with different GPUs with my point of view, it would be interesting to compare.

UPD The TS is calculating only NVIDIA GPUs and in your spreadsheet we see he is right. As for the dayly/weekly profit you can see that even in 5 day difference BTC costs $12700 and $11020.

All these calculations are pretty useless in the long run - main variable is bitcoin price, then altcoin price, then difficulty.  ROI is useful to compare GPU's with days left to recover cost.  Without electricity to be simple, but if your cost is medium/high you need to factor it in.  So new 5700 is 450$, lets say mines @ 45mhs = 10$/mhs = 308 days.  2 useful metrics, price per hash and days left.
Rough prices in cad for used market: Assuming mining average algo, not most profitable like zhash right now, (no electric)
1070 = 1.09 = 300$ = 275 days
1080ti = 1.9 = 650$ = 342 days
470/570/480/580 = 1.03 = 100$ = 97 days

So in my book anything ressembling 3 months ROI is a strong buy, but then you need to consider %costelectric/income and what % is comfortable for you.  This part is very important, and is why many people fail - where does the price need to fall before you shut your GPU ?  So my opinion is these calculations - very useful for buying/selling - not useful for profit projections or actual profits.  Because as others have said, you dont necessarily just mine for cash.  that would be....inefficient.

Agree and Disagree -

Agree - main variable is bitcoin price, then altcoin price, then difficulty I agree, I agree. I've said it before too. Future prices are the biggest effect on return. Too often I see discussions about electric costs as the biggest driver, which is true only if you are 100% cash mining. Otherwise, while Kwh/$ has an effect of return, it's nothing compared to BTC and Alt prices.

Just go back to when I first posted this thread on April 24, BTC was $5,400. Today, as I write this, BTC is up over a 130% since then. That changes everything... My mining strategy has been spread across Spec/Cash/Swap to BTC.  The Swap mining I did through last year and early this year looks really good at this moment. For me, my ROI on my mining strategy is working out very well. I know that some people have done better and others - not so well. Every miner their own path.

Disagree - "All these calculations are pretty useless in the long run" - I posted this worksheet because I was tired of the posts that misrepresent the ROI on buying new GPUs. There has been tons of mis-information posted in other threads. So this isn't meant to be a absolute answer on what to do, but rather a starting point to what is the current market offering.

This analysis is/was created to take a snapshot in time, as one of many tools in deciding what to do. Mining and Crypto is a new asset class, there is risk and there is volatility. Today's 52% ROI will fluctuate, going negative or positive by a lot of %s. You really need to have a high tolerance for fluctuation if you are mining Crypto.  

Mining isn't for everyone. Some are better off buying/investing/trading or just walking away.

well I thank you for putting this thread up, we all have our tricks and habits xD.

This is an useful information for me at least to choose what GPUs are the best for my purposes and conditions. I don`t think that the ROI would be such as in the spreadsheet but i can choose GPUs and decide what i will do the next 2-3 years.
Thx for work and dont stop.

These are estimates on the New "S" class...
https://i.imgur.com/jc7p84i.png
 

2060s looks nice. But it`s for x16r. One more trouble is that it have just 6Gb memory. It can become a problem some time later. I havent calculate it yet, but 1660 looks like the best choice for me yet. May be used 1080ti with nice price, but i dont sure about it.

any data for 1660s？
Is it worth to buy 1660s to mine RVN?
Thanks

So I got a PNY 1660 Super, it runs at about 15.2MH (OC'd) pulling 124W, roughly 122-125KH/W. Costs me about 30 cents a day. The card cost about $240 in total, and when I calculated the ROI back when RVN was at flat $.02 it was like a 10-month ROI but of course that fluctuates with markets and such